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Re: simplegreen post# 8748

Monday, 11/07/2005 7:27:53 PM

Monday, November 07, 2005 7:27:53 PM

Post# of 20600
simple...GZFX ...I always thoguht the "target rule" for a "flag" or "pennant" formation, which I, at least, see (and hopefully others do too so I am not going crazy) is that you take the difference in the prices at the open end and add that to the price at the apex. .012 minus .002 (approx) is one cent. Add that to where we are now, which is the pointy end at .008, and you get a target of a substantial move at .018. I'll take that! Fingers crossed.



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